The Hazard Family Foundation is a private foundation established in 1996 and based in Boston, Massachusetts. It operates as a 501(c)(3) organization with a focus on philanthropic grantmaking across multiple sectors.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$15.4M
+1.7% YoY
Annual Giving
$931K
+8.4% YoY
Grant Count
102
+8.5% YoY
Avg Grant Size
$9K
-0.1% YoY
Under IRS private-foundation payout rules, Hazard Family Foundation reported a distributable amount of $1.1M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's primary funding interests include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
Grantmaking
The foundation awards grants across multiple designated programs, including:
Grant Range
$1,000 to $75,000
Average Grant
amount: approximately $9,444
Grant Types
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- Massachusetts
- Rhode Island
- Illinois
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total assets: $15,403,548
- Total giving: $931,000
- Giving rate: 5.5%
As of 2023:
- Total assets: $15,142,445
- Total expenses: $1,047,108
- Total revenues: -$128,171
- Investment income and dividends: $127,150
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $15,403,548 | $15,142,445 | $16,317,724 |
| Revenue | $1,392,523 | $-128,171 | $580,109 |
| Expenses | $1,131,420 | $1,047,108 | $1,002,887 |
| Qualifying Distributions | $931,000 | $859,000 | $717,544 |
| Net Investment Income | $1,198,821 | — | $414,383 |
| Distributable Amount | $1,106,603 | $1,023,879 | $883,238 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Carroll School ($75,000), Lahey Hospital & Medical Center ($70,000), Day One ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AKG ART MUSEUM BUFFALO BUFFALO, NY | UNRESTRICTED | $1,000 |
| BETH ISRAEL DEACONESS BOSTON, MA | UNRESTRICTED | $5,000 |
| BEYOND HUNGER OAK PARK, IL | UNRESTRICTED | $2,000 |
| BOSTON CHILDREN'S HOSPITAL BOSTON, MA | UNRESTRICTED | $10,000 |
| BUFFALO OLMSTEAD PARKS CONSERVANCY BUFFALO, NY | UNRESTRICTED | $2,000 |
| BUFFALO TOY LIBRARY BUFFALO, NY | UNRESTRICTED | $1,000 |
| BUFFALO TOY LIBRARY BUFFALO, NY | UNRESTRICTED | $9,000 |
| BUTTON HOLE GOLF PROVIDENCE, RI | UNRESTRICTED | $7,500 |
| CAMP SUNSHINE CASO, ME | UNRESTRICTED | $1,500 |
| CAMP SUNSHINE CASO, ME | UNRESTRICTED | $3,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
C. Michael Hazard – Trustee (as needed, unpaid position)
The foundation is supported by Hazard Limited Partnership.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| C MICHAEL HAZARD | TRUSTEE - AS NEEDED | — | — |
Contact Information
Address: 23 Marlborough Street, Boston, MA 02116-2139
Phone: 617-262-1903
EIN: 04-3338927
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Hazard Family Foundation fund?
The foundation's primary funding interests include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services
How do I apply for a grant from Hazard Family Foundation?
**Grant Activity:** • Total annual giving: approximately $931,000 (2024) • Number of grants awarded: 102 grants (2024); 94 grants (2023); 80 grants (2022) • Grant range: $1,000 to $75,000 • Median grant amount: $2,500–$3,750 • Average grant amount: approximately $9,444 **Grant Types:** The foundation awards grants across multiple designated programs, including: • Unrestricted grants (primary program, averaging $9,444 across 83 recipients) • Memorial and commemorative grants (IMO R Hazard, IHO P…
Where does Hazard Family Foundation make grants?
The foundation primarily funds organizations in: • Massachusetts • Rhode Island • Illinois
What size grants does Hazard Family Foundation award?
In 2024, Hazard Family Foundation awarded 102 grants totaling $931K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is Hazard Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Hazard Family Foundation reported a distributable amount of $1.1M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Hazard Family Foundation's EIN?
Hazard Family Foundation's EIN (Employer Identification Number) is 04-3338927. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Hazard Family Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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